825 E 17Th St Idaho Falls, ID 83404

13,175 SF 1.42 ac lot Built 1969

Individually Owned 6-yr Hold Absentee Owner Free & Clear

Property ID

US27-0296684

$1,600,000 13,175 SF

825 E 17Th St, Idaho Falls, ID 83404
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This exceptional 13,175-square-foot commercial property, situated on 1.4 acres of land at 825 E 17th St in Idaho Falls, ID 83404, presents a remarkable investment opportunity. Built in 1969 and renovated in 1995, this two-story building boasts a unique exterior design and offers versatile zoning (R3A) allowing for a multitude of uses. Currently zoned R3A, the property permits the development of a 3,000-square-foot restaurant, office space, and a multi-family residential complex with capacity for 30+ units. The property includes a large commercial-sized drive-through garage. The asking price is $1,800,000, translating to $136.62 per square foot. The current tenant, Buck Murphy Funeral Home, will vacate upon sale, opening the door for immediate redevelopment or repurposing. This high-traffic location on a busy Idaho Falls street makes this a truly unique and lucrative investment prospect. The property's size and zoning flexibility provide significant potential for future growth and income generation. The existing structure offers a solid foundation for a variety of development plans, from a mixed-use development to a large-scale apartment complex. This is a rare opportunity to acquire a substantial property in a thriving Idaho Falls location.